Nauta Capital Raises $170M Final Close of Fund Backing Highly Capital Efficient Series-A Software Propositions
Nauta Capital has announced the final closing of its 2016 vintage fund at $170 million, resulting in total assets under management (AUM) of $350 million. Nauta had launched this fund with a $70M first close and has already backed 8 companies to date out of this fund.
Nauta Capital, which has offices in London, Barcelona and Boston, is one of the most active early stage venture investors in Europe with a truly pan-european approach, and coupled with a strong US presence. It backs entrepreneurs committed to creating global capital efficient software companies in large markets with limited previous technology impact. Areas of interest include B2B software, disruptive digital media and enabling technologies for mobile and the internet.
Nauta has also recently moved its London offices to Argyll St in Soho. The Nauta team has expanded to 20 executives across its 3 locations. Nauta has full investment teams at each of its locations that grants very privileged dealflow access. This current fund has invested already in 8 fast growing and unique companies: 3 in the UK and Ireland (CloudIQ, BeMyEye and ChannelSight), 3 in Spain (Nextail, Geoblink and Lodgify) and 2 in the Boston area (Content Raven and Connected2Fiber). Nauta plans to invest in approximately 25 companies out of this new fund.
Nauta has led investments in 40+ companies out its previous funds including Brandwatch, Fizzback, GreatCall, Eyeview Digital, Scytl, Basekit, ForceManager, Marfeel, Getapp, Incrowd, Privalia and Social Point. The current fund has been backed by a group of international investors, based in the UK, Continental Europe, Latin America and China. These include leading Institutions (Fund of Funds, Financial Institutions, Insurance Companies, Endowments and Government agencies) and large Family Offices.
Carles Ferrer, London based General Partner, Nauta Capital, said: “Our passion is backing great entrepreneurs that share our desire to produce world-leading capital efficient software companies and become global disruptors. We have built a very solid and granular presence in each of our 3 locations. Having a fully dedicated investment team at each location allows us to access privileged dealflow, and have quite a unique pan-european approach”
Source: Nauta Capital press release